Brownie's Marine Group Inc (BWMG)

[dickmilde]

"any thoughts on this company..."
Actually my thoughts are much in line with anyone else that is holding BWMG stock. When the stock goes up the gains will be astronomical. But, as I have mentioned before, this is a " show me " stock. Or to put it in simple terms the financial results will need to improve before you can expect a higher stock price. The sales were improving at a good rate until the last quarter which had a one time event with the recall. But as I mentioned in my prior post I was disappointed that almost all parts of the business reported weak sales. I need to go back and read the release again but I don't remember any management discussion or explanation for that. BWMG seems to make high quality products that are preferred by divers so the slowdown in the sales are probably related to an overall economic condition rather than issues with the offerings. One down quarter doesn't make a trend so I will wait this out. Consumers have been hit hard with higher prices for everything so it seems reasonable that they need to be more cautious where they spend their money. Management seems to be doing all the right things... If they can get the sales up the margins will improve and that will be reflected in the stock price.